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A negative credit entry at the KSV1870 (Austria's central credit bureau) makes borrowing from traditional banks very difficult. But not impossible. Some lenders apply more flexible criteria. Others accept collateral instead of good credit history.
Important Warning
Austrian law (Section 7 VKrG) requires all lenders to verify creditworthiness. Any offer claiming "guaranteed loan without any check" is fraudulent. Legitimate lenders never ask for money before disbursement. Check the FMA warning list at fma.gv.at/warnungen/.
Legitimate Options
- Cashper (Novum Bank, Malta): Micro-loans from EUR 100 to 1,500. Interest from 3.99% p.a. EU banking license. Flexible credit assessment.
- GIROMATCH: Credit broker connecting applicants with various lenders. Amounts from EUR 100 to 35,000. Credit-neutral inquiry.
- Pawn loans: Use valuable items (cars, jewelry) as collateral. No credit check required.
- Loan with guarantor: A person with good credit co-signs your loan.
Check Your Loan Options
Non-binding inquiry at GIROMATCH, even with negative credit
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Improve Your Credit Score
- Request your free annual credit report at digitalerantrag.ksv.at
- Correct any errors (GDPR Art. 16 gives you the right)
- Pay outstanding debts, even small ones
- Keep credit card utilization below 50%
- Close unused accounts and credit lines
Disclaimer: All information is for general guidance only and does not constitute financial advice. Loan approval depends on individual circumstances. All details are subject to change. Last updated: March 2026.